Samsung Card
Gains Approval
To List in Korea

By

Shin Jung-Won

Updated April 26, 2007 12:01 a.m. ET

SEOUL, South Korea -- The Korea Exchange has approved Samsung Card Co.'s plan to list its shares on the exchange this year.

Samsung, South Korea's second-largest credit-card issuer with 9.7 million customers, will offer 12 million common shares, equivalent to 12.1% of its outstanding shares, during an initial public offering in June, KRX...